1) Minimum Down Payment A 10% minimum down payment (it is really 20% but if 10% the seller will be asked to hold 10% which is a problem for sellers) is the SBA requirement but there are many factors that can change the down payment requirements for a successful SBA business acquisition loan. It is […]
Blog
Pros and Cons of Selling Your Business without a Broker
Are you ready to sell your business, but still on the fence about using a broker? You’re not alone. Many business owners, especially first-time sellers, feel compelled to DIY the process, thinking it will save them time and money. Selling your business can be a long process with many tedious steps. An experienced business brokerage […]
Contracts, Guarantees, Assignability Etc
It never fails but in almost every deal a buyer or a buyers attorney fixates on “contracts” and the assignability of the contracts in a deal. Now I have spoken to several attorneys I respect on the issue here in Florida and most smaller businesses realize that the cost of litigating to enforce a contract […]
New Listing of Business For Sale #2301-659600
We just listed a package of three Edible Arrangement Stores here in Florida. Located on the coast of Florida and with our booming growth in population this is a great opportunity for relocating buyers.
What happens to cash when selling a business?
Money can be considered a taboo topic of conversation in some circles. As a rule of thumb, you do not speak about salaries, debt, or the cost of your most recent vacation with friends or family, do you? We understand that, but when it comes to selling a business, we need to talk about money, […]